Brass ring from Quaker Cereals 1948 with portrait of Roy on one side and Trigger on the other. Top has metal tube holding a bent piece of metal representing a branding iron finished in black. Top of this piece has a metal cover with initials "RR" on the end. Cover pulls off and inside has an ink pad while the end of the branding iron is usually personalized with the initial of the person ordering the premium. However, this example has two letters forming word "HI." Perhaps done when person ordering failed to specify his initial. Brilliant luster and about 98% Mint.